Research on the Impact of the Cancellation of State Subsidies on Stakeholders of Offshore Wind Power

Abstract

Public subsidies for offshore wind power will be eliminated in 2022. At present, offshore wind power still depends on subsidies. In this new situation, it is necessary to study the influence on the stakeholders and how the offshore wind power industry achieves healthy and sustainable development. Firstly, this paper qualitatively analyzes the impact of the cancellation of state subsidies on offshore wind turbine manufacturers and developers and finds that if there is no subsidy to relay offshore wind power, the development of offshore wind power will stagnate, and the wind turbine manufacturers will face great challenges. Then, by constructing the subsidy demand calculation model and the transmission and distribution price cross subsidy calculation model according to China’s electricity price-related policies, the results show that the local subsidy is basically feasible to continue the national subsidy, and the burden is decreasing year by year, so the relay subsidy should be continued. Based on the cloud model, an evaluation model for the development of offshore wind power benefits from the cancellation of national subsidies is constructed to quantify the impact of the cancellation of overseas subsidies on local governments and power grid enterprises. According to the example analysis, under the background of the cancellation of national subsidies, Guangdong has the best development of offshore wind power benefits, which verifies the feasibility of the proposed model.